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A standstill provision is generally only included in an NDA when the seller is a public company.These provisions are meant to protect the public company seller against a hostile buyer following failed negotiations.
A subordination and standstill agreement defines the specific or general collateral used, the junior lender's rights to payments and the priority of those rights.In a subordination and standstill agreement, the junior lender agrees to notify the senior lender in the event of the company's default on the junior loan.
: a state characterized by absence of motion or of progress : stop brought traffic to a standstill.
A reminder about standstill agreements The statutory limitation period for contractual claims is six years, with time running from the date on which the cause of action accrued. If the limitation period has expired, the claim will be time-barred and the defendant will have a complete defence to the claim.
A standstill agreement is a contract that contains provisions that govern how a bidder of a company can purchase, dispose of, or vote stock of the target company. A standstill agreement can effectively stall or stop the process of a hostile takeover if the parties cannot negotiate a friendly deal.
A standstill provision is generally only included in an NDA when the seller is a public company.These provisions are meant to protect the public company seller against a hostile buyer following failed negotiations.
A standstill agreement can preserve the claimant's position regarding limitation by either suspending or extending time.If the standstill agreement merely extends time, the claimant must issue proceedings on expiry of the standstill period.
A standstill agreement refers to a contract that contains provisions that direct how a bidder of a company can buy or sell a stock of the target company. It can effectively delay or stop the process of a hostile takeover if the parties cannot settle a friendly deal.
A standstill agreement was an agreement signed between the newly independent dominions of India and Pakistan and the princely states of the British Indian Empire prior to their integration in the new dominions. The form of the agreement was bilateral between a dominion and a princely state.